Focus Merit

Tag: Unified Payments Interface (UPI)

MobiKwik launches personal UPI payment link mpay.me

MobiKwik
  • Mobikwik that operates businesses in consumer payments, payment gateway and financial services, has launched mpay.me – a UPI payment link service to send and receive money from any UPI payment app. mpay.me claims to simplify the process of sending and receiving money especially when a sender and a receiver are on different UPI apps.

UPI AutoPay facility started by NPCI for recurring payment

UPI AutoPay
  • NPCI has launched the functionality of UPI AutoPay for recurring payments.

Benefits:

  • Customers can now enable recurring e-mandate using any UPI application for recurring payments such as mobile bills, electricity bills, EMI payments, entertainment/OTT subscriptions, insurance, mutual funds, and loan payments, paying for transit/metro payments among others of up to Rs. 2000. If the amount exceeds Rs. 2000, customers have to execute every mandate with UPI PIN.

NPCI starts UPI awareness campaign “UPI Chalega”

NPCI and UPI

National Payments Corporation of India (NPCI) has started an industry campaign named “UPI Chalega” to uplift UPI as Easy, Safe, and Instant mode of payment. The “UPI Chalega” campaign is targeted to guide users towards the right usage of Unified Payments Interface (UPI) and help create a habitual change, use of UPI in their daily life.